17989 San Juan CT #3Fort MyersFL33967
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowTight but positive: 17989 San Juan CT #3, Fort Myers, FL, 33967 in Fort Myers at $180,000 earns $1,955/mo in rent and nets $43/mo after the $809/mo payment, a 10.66% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $49,731 over five years. Ziffy Mortgage underwrites this on a 2.42 DSCR without U.S. credit history. With $1,658/yr in principal paydown, total projected return reaches $117,583.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.7% | 6.8% |
| Monthly Cash Flow | $43 | $1,850 |
City averages based on Fort Myers market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,955 |
| Total Monthly Debt Service | $1,123 |
| DSCR Ratio | 1.74x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1980
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Townhouse
Built in 1980
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: SWFLMLS
Mls ID: #225058420